Last updated on September 17, 2026

Average rent in
Island Lake, IL

Median rent

Median rent in Island Lake

$2,400/mo

decreased by4%

vs previous year

The average rent in Island Lake is $2,400 per month as of September 2026. This is 26% above the national average rent, or $500 more per month.

$1.49

average price per square foot

Total rentals

Available rentals in Island Lake

17

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Island Lake rentals at each price point

90%68%45%23%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Island Lake, IL

Average rent prices in Island Lake have remained the same over the last month and have decreased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Island Lake, IL

Rent prices in Island Lake vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Island Lake is $1,775, whereas a house costs $2,350. 1-bedroom apartments in Island Lake run $1,635 on average, while 2-bedroom apartments are $1,850.

Listings

1 bedroom

$1,500

15%

-

2 bedroom

$2,200

8%

-

3 bedroom

$2,500

1%

-

4 bedroom

$3,600

62%

55%

1 bedroom

Average rent

$1,500

Last 30 days

15%

2 bedroom

Average rent

$2,200

Last 30 days

8%

3 bedroom

Average rent

$2,500

Last 30 days

1%

4 bedroom

Average rent

$3,600

Last 30 days

62%

Last year

55%

The table above reflects average rent prices in Island Lake, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Island Lake, IL compare to other cities?

Compare median rent prices in Island Lake and Hainesville by all bedroom counts and property types.

Island Lake

Median rent price$2,400
increased by26%

higher than the national median

Median rent price$2,562
increased by35%

higher than the national median

Takeaway

The median rent for all rentals in Island Lake, IL is 6% lower than the median rent in Hainesville, IL.

Discover rentals in Island Lake, IL

3829 Eastway Dr - Photo 1 of 1

4d ago

House for rent in Island Lake

Residential Lease, Island Lake, IL

3829 Eastway Dr, Island Lake, IL 60042

3 beds

2 baths

$2,250

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Island Lake, IL

Quick answers to common questions about the Island Lake rental market.

How much is rent in Island Lake?

The average rent in Island Lake is $2,400 per month as of September 12, 2026.

Is rent up or down in Island Lake?

Average rent prices in Island Lake have remained the same over the last month and have decreased by 4% since last year.

How does Island Lake rent compare to the national average?

Rent in Island Lake is 26% above the national average, which means renters are paying approximately $500 more per month.

What salary do I need to afford rent in Island Lake?

To comfortably afford rent in Island Lake, you'd need to earn approximately $96,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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